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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
If #PI# reaches 0.8U in the next 24 hours, I will randomly give 500U to 20 followers! To participate, please reply with 666, follow me, and let me find you.
First, the biggest financial backer in the crypto world, Wall Street, has run into trouble. Employment data has continued to collapse, with the latest unemployment data showing that initial jobless claims unexpectedly rose by 10,000, a rise of over 5%. This marks the second consecutive increase in unemployment.
Then, another employment data point, the small non-farm ADP, also crashed, with expectations for new jobs at 110,000, but the actual new jobs were only 37,000. It’s simply a 50% Slump after another 50% Slump; the negative effects of tariffs have already begun to surface quietly. Economic indicators are flashing warnings, and the current false prosperity may just be an illusion. A recession or even a financial crisis is brewing.